I have money and I'm tired of stagnating

Buy one thousand dollars worth of mercury and then drink it.

Buy lots of non perishable trade goods like lighters or match books.

Or books.

Congrats on saving money but you can not invest with $1,000 in any traditional vehicle and expect appreciable benefits. Invest it and get 10% return and in 20 years you'll have ~$6,700.

If you are a cashier your biggest problem is your income will not be high enough for you to achieve a long term improvement on your standard of living. You can increase your earnings from $12/hr to $25/hr MUCH easier than you can achieve above market returns on investment.

Of course aim for higher income than $25/hr, but that is brain dead easy to get. Examples of careers that will give you such an income under the age of 22:

Registered Nurse
Accounting
Police
Personal Banker

Your late teens are about self improvement. My advise is get in the best possible shape you can be in, that's a real investment. Learn a trade that elevates you above being a cashier, that's a real investment. Learn a second language, that's a real investment. Enjoy this period of your life without responsibilities that come with a family.

Best of luck.

Hey op, I asked the same thing 2 years ago when I was 19. You'll want to get a gun, it doesn't HAVE to be an ar-15 but it's without a doubt the most reliable. Of course with this a few thousand rounds is more than enough (unless SHTF)
once that's taken care of I'd suggest investing $100 a paycheck, if you can afford it, towards silver (gold is probably too expensive for your pay)

Go ask /k/ if you want the Survival Fun Pack. I'm sure they'll enjoy finding you the best deals on guns, knives, and urine-recyclers. Hunter training, survival training, etc.

If you're at the "I don't care if I live or die" stage, you could just haul ass for some out-of-harm's-way third world and spend a few dollars a day fucking the local talent and living like a king.

Or you can go to trade school and learn something that will still be needed after society finishes falling apart. Locksmithing will enable you to get into a lot of places that the lower-level looters won't have reached.

This is good advice. The universally Holla Forums-accepted profession is electrician/electrical engineer, by the way. Pays well, doesn't require an eternity of college and the debt that comes with it, gives you a practical skill that would require a high-tier apocalypse to make go out of use, and if you can find an apprenticeship (and you should) you can get paid to learn the skill as you learn it.

Also, get /fit/.

Invest in an education or a trade so you can progress beyond the autist tier job and actually earn some money.

Then once you have money you can invest.

I'm assuming you're fairly stupid since you are asking pol about investment advice. So your best bet would be to try and get an apprenticeship with an electrician. Many of those guys can't even read and they make decent money.

ahahahahahahah

wew, sorry…

I meantt

HAHAHAHAHHAHAHAHAHAHAHAHAHAHA

The best investment at your age and income levels is reducing spending on dumb shit as much as possible. Buy a gun if you feel like you need to spend.

basically this, also buying a home for the right price in a upcoming neighbourhood is a much better way to increase your assets. This way you only pay interest instead of rent

plz

Your meme is shit and you're the only one shilling it.

kill yourself

OP didn't come here to ask a question and have a discussion. OP came here to slide something.

$1k is not a lot to leverage much of anything. Just keep it in cash until you have at least $10k, then buy a fixer upper house/condo in the worst part of town you can find - pick it up for $50k and get and 80% mortgage. Move into it while fixing it up - the money you save on rent you put into repairs.

Keep in mind, this is the shittiest part of town so carry mace or a gun at all times.

Sell it in a year and pocket another $10k in sweat equity. Now you have $20k. Wash rinse repeat until you have about $200k and now you can buy more than one property at a time. Keep doing this until you have a million dollars and find a way to get that money out of the US.

Correction - you won't be saving in rent because of he $40k mortgage you'll be paying. Just fix the thing up as quickly as possible and flip it. It'll get a lot easier as you go along and gain more skills in fixing things and confidence in the buying and selling process.

Let me actually try to give you some sound advice.

If you really want to invest start reading. First place to go is investopedia. Its free and will help teach you basics. Be warned that investing and finance is a huge topic that won't be conquered in a week or a month.

Secondly 1000 dollars is not enough to risk loosing trying to turn it into more. Its better you save up 3-6 months of living costs before you try to make more money. Because you want to be financially stable not fluctuating. The best way to save this money quickly is to budget. As is said, the wokers go out for lunch, middle management packs their lunch, and the CEO doesn't eat lunch.

Once you have 5 or 10 extra thousand saved then its time to start looking for places to double your money. There is everything from opening a brokerage account and trading, to crowd fund investing, real estate, flipping goods on Craigslist, and even real estate.

It may take a long while to get started, but it is worth it if you do.

babypips.com

and buy bic lighters like 200 of them

1k is shit stuck in your savings account, worse if you have it in your checking.

You could open a Roth IRA, look for no load/min starting amount accounts T.Rowe Price has a minimum investment for a Roth IRA at $1,000.

You will pay pre tax levels so if you are in the lower tax bracket it is best to invest before your tax % is higher.

Since you already paid the tax you have options to access this cash Tax-free at anytime needed. You just keep earning a good rate over time and add extra $ to build this IRA up.

Also you can use the tax deductions for IRS in April, so you do get some tax benefits if you are a low wage earner.

Open a savings account. Put the money in there, add money to it whenever you can. Once you have 5 grand, invest in stocks. Don't waste your money on speculation, buy stocks that pay a dividend or offer dividend reinvestment, so that the income they provide is used to buy more stocks. Do your own research before you spend any money.

Once you have 10 grand in stocks and savings look to diversify your assets; don't have all your eggs in one basket. Anything that offers an income is a good investment, stuff that depreciates or has ongoing costs is bad, at least in terms of investment. Metals can be a hedge, as they tend to keep up with inflation, but you're not getting an income from them.

Don't borrow money unless you absolutely have to. If you absolutely have to, shop around for the best rates and make sure you understand the terms of agreement.

Don't expect to build your assets quickly. You want better returns than the bank is giving you in interest. Aim for 8-10% per annum, but to start with you'll be struggling to get past 5%. It takes money to make money. Take it slow until you have built up your asset base. When you can afford to lose money, then you can speculate with 'play' money.

this tbh

I have no urge to spend, My money just sits>>7173098 i only make 8.25 an hour and only work part time (18-23 hours a week)

I have 440 in the bank: 130 in savings and 340 in checking(that's just where my job dd's my pay) and then i Have 670 in a lockbox in my room.

>>>/biz/

thanks user.

93.174.95.27/book/index.php?md5=88704787196306AA312FFB77A666326E

If you are serious about learning how to make money by investing then take some days to read this book. The best ways to become good at something is to model those who are already good at it. Seriously, this book will save you years of walking into pitfalls.

Whats the name of the book pls, we have censored internet over here.

There is a lot of sensible advise in this thread OP.

If you are looking to punt your savings then Trump is at around 5.0 on the exchanges. That is massively over priced.

A stronger bet still would be Gender of the next president = Male at 4.5.

Be sensible and take the advise of other anons here BUT if you are hell bent on tossing it down then a bet on Trump is strong, it will probably shorten out by October and give you a chance to sell the action at twice what you pay for it today if you don’t have the stomach to properly gamble.

Go buy some nice Cigars at your local shop. Go to HHgreg and pretend you want to buy a $5,000 dollar TV but act like you cant decide which one. Make sure some racial war type event like Milwaukee is occurring and tell them you want to see what CNN looks like on it. Make them turn the sound way up, or just do it yourself if you have the volume control. Eventually start smoking the cigar inside and watch the riots as the entire HHgreg staff is being your bitch. This experience can be had for just $35 (assuming you are smoking the most high end cigar I normally get) but is worth at least $100.

How are your tech skills user?